Sold Contracts definition

Sold Contracts has the meaning set forth in Section 2.01(c).
Sold Contracts means the Contracts sold by RAS to the SPVs under the Purchase Agreements, including, without limitation, those listed on Schedule A hereto.
Sold Contracts means any oral or written indenture, note, bond, mortgage, deed of trust, lease, license or sublicense, contract, instrument, commitment, undertaking, arrangement or other agreement entered into between the Seller and any third party in connection with the Acquired Business, and “Sold Contract” means any one of them;

Examples of Sold Contracts in a sentence

  • The Sold Contracts shall include all Contracts of such type as listed in Section 3.3.1 which are entered into by any Seller or Seller Subsidiary between the Signing Date and the Effective Time without breach of the covenants contained in Section 19 and which relate exclusively to the Sold Business.

  • The respective Seller Subsidiary shall be entitled to keep any payments received under the Sold Contracts and/or the Sold Contract Parts if and to the extent such payments relate to periods prior to the Effective Time, while Purchaser shall be entitled to keep any payments received under Sold Contracts and/or the Sold Contract Parts if and to the extent such payments relate to periods on or after the Effective Time.

  • To Sellers’ Knowledge, Sellers and Seller Subsidiaries have performed and complied with all material obligations under the Sold Contracts and Seller Subsidiaries have not received any written information regarding any actual or possible material violation of any Sold Contracts.

  • Once such consent, authorization, approval or waiver is obtained, the applicable Seller will sell, assign and transfer to Buyers the relevant Sold Contracts to which such consent, authorization, approval or waiver relates for no additional consideration.

  • If and to the extent for any of the Sold Contracts and/or any of the Sold Contract Parts (i) the necessary Third Party Assumption Consent has not been obtained prior to the Effective Time and (ii) Subcontracting is legally not permissible, the respective Sold Contracts and/or the respective Sold Contract Parts shall be deemed not to have been transferred to Purchaser.

  • Instead the respective Seller Subsidiary shall use reasonable efforts to terminate the respective Sold Contracts and/or the respective Sold Contract Parts vis-à-vis the third party as soon as possible and at its own costs and expenses.

  • Purchaser shall use reasonable efforts to enter into a new contractual relationship regarding the respective terminated Sold Contracts and/or the respective terminated Sold Contract Parts with the respective third party as soon as practicable and the respective Seller Subsidiary shall use reasonable efforts to support Purchaser to enter into such new contractual relationship.

  • To Sellers’ Knowledge, the Sold Contracts are in full force and effect and are enforceable against the parties thereto in accordance with their respective terms.

  • All documentation and other materials constituting, or relating to, the Sold Contracts, which is (i) in the possession or under control of each Seller and (ii) reasonably necessary for the execution of a Sold Contract, and which has not already been made available to the Purchaser shall be handed over or otherwise be made available by each Seller to the Purchaser on the Closing Date.

  • The sub-sets of these Annexes applicable to the respective Sales Company and updated in accordance with the aforementioned provision shall form the Annexes referenced to in the Local Sale and Transfer Agreements and the transfer agreements to be signed at Closing defining the Assets Sold, Contracts and Assumed Liabilities sold and/or transferred at Closing and shall be binding for the Seller Companies and the Purchaser Companies.


More Definitions of Sold Contracts

Sold Contracts has the meaning given in Section 3.1.

Related to Sold Contracts

  • Acquired Contracts has the meaning given in Section 2.1(a).

  • Seller Contracts means all Contracts (i) relating to the Business under which Seller has or may acquire any rights or benefits, (ii) relating to the Business under which Seller has or may become subject to any obligation or Liability or (iii) by which any of the Purchased Assets or Assumed Liabilities is or may become bound.

  • Assigned Contracts has the meaning set forth in Section 2.01(c).

  • Assumed Contracts has the meaning set forth in Section 2.1(d).

  • Purchased Contracts has the meaning set forth in Section 2.1.1(a).

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).

  • Related Contracts is defined in clause (c) of Section 2.1.

  • Prepaid contract means any Contract that has terminated or been prepaid in full prior to its scheduled expiration date (including because of a Casualty Loss), other than a Defaulted Contract.

  • Scheduled Contracts has the meaning set forth in Section 4.16.

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Retained Contracts means all contracts, agreements, leases, software licenses, rights, obligations or other commitments of the Company that (a) arise out of or are related exclusively to any business or operation of the Company other than the Business, or (b) arise out of or are related in any way to the Business and which, in the case of both clauses (a) and (b) herein, are not Transferred Contracts.

  • Seller Contract any Contract (a) under which Seller has or may acquire any rights or benefits; (b) under which Seller has or may become subject to any obligation or liability; or (c) by which Seller or any of the assets owned or used by Seller is or may become bound.

  • Specified Contracts has the meaning set forth in Section 4.13(a).

  • Assigned Contract has the meaning set forth in Section 1.5(a).

  • Customer Contracts has the meaning set forth in Section 1.1(b)(ii)(A).

  • Assumed Contract means any Executory Contract or Unexpired Lease assumed by the Reorganized Debtors in accordance with Article V of the Plan.

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • Executory Contracts means executory contracts and unexpired leases as such terms are used in 11 U.S.C. § 365, including all operating leases, capital leases, and contracts to which the Debtor is a party or beneficiary on the Confirmation Date.

  • Business Contracts has the meaning ascribed to it in Section 1.01(a)(v).

  • Initial Contracts means those Contracts conveyed to the Trust on the Closing Date.

  • Shared Contracts means contracts pursuant to which a non-affiliated third party provides material services, Intellectual Property, Software or benefits to Seller or one or more of its Affiliates (including the Acquired Companies) in respect of both the Business and any other business of Seller and its Affiliates (other than the Acquired Companies).

  • Supply Contracts means contracts having as their object the purchase, lease, rental or hire-purchase, with or without an option to buy, of products. A supply contract may include, as an incidental matter, siting and installation operations;

  • Third Party Contracts means any agreements entered into by the Retailer and/or the Customer with any third parties, such as the Transmission Licensee and the MSSL, to enable the Retailer to retail electricity to Contestable Consumers. For the purposes of this Electricity Agreement, Third Party Contracts shall include, but is not limited to, the Retailer Use of Systems Agreement, the Market Support Services Agreement, and the Power System Operator•Market Participant Agreement (as defined under the Market Rules);

  • Applicable Contracts has the meaning set forth in Section 2.15(a).

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.